PPP Loan information for Poverty & social reform institute

$117,482

Poverty & social reform institute was initially approved for PPP Loan of amount $117,482, the current approved amount is $117,482. The loan was approved on 04/28/2020 by The Credit Union One reported 13 jobs and $117,482 was used to fund payroll.

Poverty & social reform institute is Existing or more than 2 years old

POVERTY & SOCIAL REFORM INSTITUTE

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POVERTY & SOCIAL REFORM INSTITUTE

Borrower Address

8129 PACKARD AVE

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-5506

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117482.22

Current Approval Amount

117482.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-5506

CD

MI-10

Jobs Reported

13

NAICS Code

923130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99860.00

Mortgage Interest Proceed

17622.22

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

38434.32

Forgiveness Date

07/02/2021

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